(Biocon) Biocon complete technical analysis [charts+indicators] | Buy/Sell Biocon | (Biocon) share price targets
Complete technical analysis of Biocon (Biocon) by charts plus indicators, forecast predictions and share price targets for Biocon (Biocon)
10 day averaged volume of Biocon is 133040
Date | Daily Closing Price | Open | High | Low | Volume |
29 Fri Sep 2023 | 272.15 | 266.95 | 274.00 | 265.20 | 0.571 times |
28 Thu Sep 2023 | 266.50 | 265.95 | 269.70 | 264.60 | 1.372 times |
27 Wed Sep 2023 | 264.70 | 261.75 | 265.65 | 261.75 | 0.359 times |
26 Tue Sep 2023 | 261.55 | 264.55 | 265.75 | 261.00 | 0.231 times |
25 Mon Sep 2023 | 264.00 | 263.70 | 266.00 | 262.70 | 0.219 times |
22 Fri Sep 2023 | 263.95 | 266.50 | 269.05 | 261.05 | 1.27 times |
21 Thu Sep 2023 | 267.05 | 275.95 | 276.00 | 266.10 | 1.324 times |
20 Wed Sep 2023 | 273.50 | 274.75 | 275.55 | 268.60 | 0.989 times |
18 Mon Sep 2023 | 273.05 | 277.05 | 278.40 | 272.00 | 1.349 times |
15 Fri Sep 2023 | 276.85 | 274.10 | 279.95 | 273.60 | 1.208 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 273.1 as stoploss in an intra day sell trade for a target of 268.24. However, stock will show a bullish move above 273.1.
Share price targets for Biocon (Biocon)
Target Type | Value |
Downside Target | 232.45 |
Downside Target | 243.40 |
Downside Target | 249.75 |
Downside Target | 267.60 |
Downside Target | 270.40 |
Upside Target | 273.45 |
Upside Target | 274.00 |
Upside Target | 276.35 |
Upside Target | 278.40 |
Upside Target | 279.95 |
Intraday share price targets for Biocon (Biocon)
Target Type | Value |
Downside Intraday Target | 264.1 |
Downside Intraday Target | 256.05 |
Upside Intraday Target | 277.1 |
Upside Intraday Target | 282.05 |
Downside Intraday Target | 269.05 |
Weekly technical analysis of Biocon (Biocon)
Date | Weekly Closing Price | Open | High | Low | Volume |
29 Fri Sep 2023 | 272.15 | 263.70 | 274.00 | 261.00 | 0.558 times |
22 Fri Sep 2023 | 263.95 | 277.05 | 278.40 | 261.05 | 0.559 times |
15 Fri Sep 2023 | 276.85 | 266.50 | 279.95 | 265.55 | 2.596 times |
08 Fri Sep 2023 | 266.50 | 263.95 | 273.45 | 260.80 | 1.057 times |
01 Fri Sep 2023 | 260.65 | 255.55 | 263.25 | 254.45 | 1.363 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Biocon (Biocon)
Date | Monthly Closing Price | Open | High | Low | Volume |
29 Fri Sep 2023 | 272.15 | 259.95 | 279.95 | 259.20 | 0.735 times |
31 Thu Aug 2023 | 259.40 | 257.10 | 276.35 | 249.75 | 1.12 times |
31 Mon Jul 2023 | 257.05 | 266.50 | 270.40 | 243.40 | 0.99 times |
30 Fri Jun 2023 | 265.55 | 247.00 | 267.60 | 234.00 | 0.808 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Biocon (Biocon)
Price action analysis of Biocon ( (Biocon) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Biocon ( (Biocon) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Biocon ( (Biocon) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Biocon ( (Biocon) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Biocon stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Biocon in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Biocon Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Biocon in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Biocon is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 269.5 and Biocon (Biocon) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Biocon (Biocon) stock. Volume based technical analysis of Biocon (Biocon) stock is negative.
Biocon Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Biocon ( (Biocon) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Biocon ( (Biocon) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Biocon ( (Biocon) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Biocon ( (Biocon) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Biocon stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Biocon in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Biocon Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Biocon in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Biocon is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 269.5 and Biocon (Biocon) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Biocon (Biocon) stock. Volume based technical analysis of Biocon (Biocon) stock is negative.
Biocon Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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